Chapter-V Accounts Receivable Management • Introduction • Goals of Receivable Management • Credit Management • Optimum Credit Policy • Credit of Account Receivable 155 Introduction Accounts receivable represent the amount due form customers (book debts) or debtors as a result of selling goods on credit. “The term debtors is defined as ‘debt’ owned to the firm by customers arising from sale of goods or services in the ordinary course of business.” The three characteristics of
Premium Credit rating Accounts receivable Balance sheet
The Pelican Brief starts with the assassination of two different Supreme Court Justices. Liberal Justice Rosenberg is killed at home‚ while the conservative Justice Jenson is killed inside an explicit theater. The circumstances surrounding their deaths and the deaths themselves shock politically split nation. Darby Shaw‚ a law student‚ decides to investigate the two justices’ records and pending cases. She writes a report guessing Victor Mattiece‚ an oil tycoon wanting to drill for oil on Louisiana
Premium Supreme Court of the United States Law United States
Unit 009 Understanding inclusive learning and teaching in lifelong learning My aim in this unit is to look at inclusive learning and teaching in lifelong learning and explore it in the context of teaching Information Technology. I will analyse and evaluate aspects‚ strategies and approaches to inclusive learning. I will explain how areas like resources‚ functional skills‚ feedback and assessment opportunities can help learners achieve their goals and beyond. Also‚ I will show how important the
Premium Education Learning styles Educational psychology
Constructing an Account of an Argument In the article "Against School" (2003)‚ John Taylor Gatto debates that mandatory school is not educating our children but instead the schools are teaching them how to be manageable. He supports his claim by giving us personal accounts of what he has seen‚ examples of people who have been successful in life whom were not subject to the school system‚ and he also gives us text from other authors who support his views. Gatto’s purpose is to inform his readers
Premium Critical thinking Logic Management
Q. How Will You treat ‘ packing expenses on sales’ in final accounts? Ans. It is an indirect expense‚ therefore‚ it should be shown in the Profit & Loss Account. Adjustments at a Glance Sl No. Adjustments Adjustment Entries Treatment in Final Accounts 1. Closing Stock Closing Stock A/c Dr. To Trading A/c a. Credit side of Trading A/c. b. Show on the assets side of B/S 2. Outstanding or unpaid expenses Expenses A/c Dr. To Outstanding exp. a. Add to the
Premium Generally Accepted Accounting Principles Income statement
2.) Explore Aristotle’s account of happiness. Do you agree with him‚ that moral activity is secondary? In Book X of Nicomachean Ethics by Aristotle‚ he writes about pleasure and happiness. Aristotle makes the point that happiness and pleasure should not be confused with each other. He argues that pleasure is not good‚ but a good. Pleasure is not a process‚ and not all pleasures are desirable‚ so pleasure is not the supreme Good. However‚ happiness is not a process. It is an activity that
Premium Ethics Religion Morality
The first part of this Reflective Account describes what influences and events in my life have helped to develop my Personal Values. My grandparents taught me most of my basic ‘Personal Values’. I learned from an early age how to be polite‚ have good manners and respect my elders as failure to do so would result in getting sent to bed early. In those days I did not have a television in my room so in my eyes this was the ultimate punishment! They were not deeply religious people; my grandmother
Premium Family Sociology
tick) Outcomes/ Grade Descriptors P1 P2 P3 P4 M1 M2 M3 D1 COMMENTS: Assessor: IV COMMENTS: created/updated by: Mark Powell Signature:______________ Date:___/___/___ D2 D3 LSBM Assessment Assignment Brief Scenario The structure and behaviour of businesses are determined by many factors including their purpose‚ ownership‚ shareholders and market environment. Your assignment is to compare two contrasting local businesses and discusses how they are
Premium Management Organization Organizational studies
From Chingis Khan to Ottoman:A Brief Introduction Notes prepared by Prof. Erdal Yavuz. For the definitions ‚ images‚ original texts as well as content‚ the following internet sources are primarily used: http://en.wikipedia.org/‚ http://www.m-w.com/ ‚http://www.questia.com/library/encyclopedia/‚ http://www.wsu.edu:8080/~dee/WORLD.HTM ‚ http://www.allempires.com/ ‚http://www.bartleby.com/67/ ‚ http://www.fordham.edu/halsall/ Turks and Mongols: AD 1000-1500 The first half of our own millennium was
Free Mongol Empire Ottoman Empire
Role of financial institutions on inclusive growth Financial markets in India have acquired greater depth and liquidity over the years. Steady reforms since 1991 have led to greater integration of India’s economy with the world economy. Consequently‚ the global economic crisis has impacted India’s growth as well. Banks and financial institutions‚ acting as intermediaries and channelizing the savings into productive assets‚ have a very important role to play in reversing this slowdown. The study
Premium Investment Economics